Nebius Forecasts 44-Cent Q4 Loss on $232.2M Revenue as NVIDIA Vera Rubin Deploys
Nebius will report Q4 2025 results on Feb. 12, with analysts projecting a 44-cent loss per share on $232.2 million in revenue and recently raised earnings estimates. The company launched Aether 3.0 and Token Factory, will deploy NVIDIA Vera Rubin NVL72, and aims to boost contracted power capacity to 2.5 GW by end-2026.
1. Q4 Earnings Estimates and Consensus
Nebius will issue Q4 2025 results on Feb. 12 before markets open, with analysts projecting a 44-cent loss per share on $232.2 million revenue. Earnings estimates have been revised upward over the past 30 days.
2. Product Launches and NVIDIA Partnership
The company released Aether 3.0 and Nebius Token Factory as expanded AI cloud offerings and plans to deploy NVIDIA’s Vera Rubin NVL72 architecture across its AI cloud and inference services in H2 2026.
3. Infrastructure Expansion Goals
Nebius is targeting 2.5 gigawatts of contracted power capacity by the end of 2026, up from an earlier 1 GW projection, to meet escalating demand for GPU-intensive workloads across its global data center footprint.
4. Enterprise Contracts and Growth Outlook
Long-term growth is underpinned by multi-billion-dollar agreements with Microsoft and Meta, an expected $900 million to $1.1 billion in ARR exit for 2025, and aggressive capex spending that rose to about $5 billion for 2025.